Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (3767)	4/18/2001 1:06:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 33421

you da man Fred!! People have been asking me about the timing of the Fed move today....why did they move now, I think you have to look at the big bond market sell off this past week and over the past 5 weeks. Rates were ramping higher big time and that is something the FED does not want. the TYX.x (30 year bond yield ) had moved above it's 200dma (up in yield down in price) for the first time since last Spring. that's the key to the timing imo John